Work has started on the construction of a 50,000 sq ft office building which will form part of a new “innovation district” in Gateshead’s Baltic Quarter.

The £13m Riga development will offer grade A office space close to the Gateshead Quays area and could bring up to 600 new jobs.

The six-storey building contributes to Gateshead Council’s wider ambition to attract technology and innovation-led companies to the Baltic Quarter.

Newcastle-based Ryder Architecture designed the building and Willmott Dixon is now managing the construction project, which is expected to complete in February 2020.

Riga is currently being offered for lease by BNP Paribas Real Estate.

Cllr Martin Gannon, leader of Gateshead Council, said: “Baltic Quarter is integral to the continuing development of the wider Quays area and the vibrant waterside regeneration programme, creating an urban destination for business, living, learning and tourism.

“This new office block is urban in character and well-connected to Gateshead town centre, the Quays, the River Tyne and Newcastle city centre. It’s an attractive option for growing businesses and could bring around 600 new jobs to Gateshead.”

Aidan Baker, director at BNP Paribas Real Estate, added: “The location is ideal for enterprising businesses looking to be at the heart of what is expected to be the new ‘innovation district’ and we are confident that it will assist in bringing together a coherent and successful mix of high-quality occupiers at Gateshead Quays.”

 

Oscar Lynch Features Editor
Insider Media